Expansion Paths: {{ model.title }}


production technology
F(L,K) = AL^\alpha K^\beta
\alpha = {{params.alpha | number: 2}}:
\beta = {{params.beta | number: 2}}:
A = {{params.A | number: 2}}:
input prices and quantity
{{ notation.wLabel }} = {{params.w | number: 2}}:
{{ notation.rLabel }} = {{params.r | number: 2}}:
{{ notation.outputLabel }} = {{params.q | number}}:
Isoquants Long Run Expansion Path Short Run Expansion Path for K = {{ params.K }} Point along Isoquant q = {{ params.q }} where K = {{ params.K }}
Copyright (c) Christopher Makler / econgraphs.org